November in Review

Posted on 07. Dec, 2009 by Jakob in Forex Signals, Random Noise

Here is to the first month with a negative result since I started posting my trades back in June 2009. Things did not go well at all, and I gave back a lot of the profit made in the last couple of month. I had a total of 12 trades, whereas 10 of them ended in a loss, 1 in profit, and the last trade was closed in a small profit but I counted that as break even, due to spreads. Basically I ended the month with a loss of 9.94%; a really bad result compared to the other months so far. What really affected the results this month was my attempt to short EUR/USD, several times. This pair has basically been consolidating within a rather large range the entire month and I simply did not wait for clear enough signals. I will do my very best to change this, for future signals. However, we did make everything back, plus more, in the first days of December; I traded the Non Farm Payroll, and this resulted in a total of 16.4% return on account balance. However, there is definitely room for improvement. More planning and sticking to it, and trend following, should do a lot. Let’s see how things play out in the last month of the year.

Total return November 2009: – 9.94%
Total return 2009: + 21.12%

Related posts:

1. December and 2009 in Review
2. October in Review
3. January 2010 in Review
4. September in Review
5. Ended August with 587 Pips of Profit

Tags: Forex Signals, free forex signals, my signals